China Current Events

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China Current Events: June 27

Bo Xilai denies knowledge of how Neil Heywood died in China The disgraced Chinese politician Bo Xilai has told government investigators he has no knowledge of the circumstances surrounding the mysterious death of British businessman Neil Heywood, The Daily Telegraph understands.  Read more Cover up, Shanghai metro tells women An appeal by the Shanghai subway […]

China Current Events: June 1

‘China detains hundreds in Tibet over self-immolation protests’ Hundreds of people have been detained in Lhasa after two men set themselves on fire in the Tibetan regional capital on Sunday in protest against Chinese rule, a US-based broadcaster reported.  Read more Air Pollution Fuels Hospital Visits in Hong Kong Deteriorating air quality in Hong Kong […]

Current Events in China: May 7

Newspaper ‘apologizes’ for criticizing US in Chen Guangcheng affair A prominent Chinese newspaper has posted a cryptic apology on its microblog account, supposedly for publishing a scathing article criticizing the American government’s handling of the Chen Guangcheng affair, and appearing to suggest that it may have been pressured into writing the editorial by the Chinese […]

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    • China Criticizes U.S., Philippine War Games in South China Sea - Bloomberg April 21, 2015
      BloombergChina Criticizes U.S., Philippine War Games in South China SeaBloombergWar games in the South China Sea between the Philippines and its allies are inappropriate and run counter to efforts to ease tensions in the waters, China's state-run Global Times said in an editorial. The comments come as more than 11,000 soldiers ...Philippines Shows Photo
    • Foreign Companies at Risk From Proposed Chinese Law - Wall Street Journal April 20, 2015
      Wall Street JournalForeign Companies at Risk From Proposed Chinese LawWall Street JournalMajor foreign companies and several Chinese Internet companies with U.S. stock-exchange listings are using a corporate structure in China in a way that may be rendered illegal under a proposed law. The Wall Street Journal, working with Dow Jones Risk ...and more »
    • Shares gain on China stimulus; Greece worries weigh on euro - Reuters April 20, 2015
      ReutersShares gain on China stimulus; Greece worries weigh on euroReutersNEW YORK (Reuters) - Equity markets rebounded on Monday after China took steps to stimulate its economy and Wall Street also rose on corporate earnings, while the euro weakened further on worries about Greece. The Chinese central bank on Sunday ...Tech Shares Lead U.S. Stocks Rebound; E
    • Wall Street rallies on China stimulus ahead of tech earnings - Reuters April 20, 2015
      ReutersWall Street rallies on China stimulus ahead of tech earningsReuters(Reuters) - Wall Street ended sharply higher on Monday after China moved to stimulate its slowing economy while investors bought up technology stocks on cautious optimism on upcoming earnings reports. In the second industry-wide cut in two months, ...Stocks close higher on China stimul
    • China Frees Up $200 Billion for Lending to Stimulate Economy - New York Times April 20, 2015
      New York TimesChina Frees Up $200 Billion for Lending to Stimulate EconomyNew York TimesHONG KONG — Chinese policy makers are dealing with a financial conundrum. Overall economic growth is slipping, which argues for looser monetary policy. But the risk is that any new money is diverted to the country's frothy stock markets. Against this ...Even $200 bil
    • Chinese Property Developer Kaisa Defaults on Debt - New York Times April 20, 2015
      New York TimesChinese Property Developer Kaisa Defaults on DebtNew York TimesThe troubled Chinese property developer Kaisa Group has defaulted on its overseas debt, a situation that could make Western investors more wary of the country's real estate market. Once a darling of global money managers, the developer, with its trail ...Kaisa Defaults on Dolla
    • China and Pakistan launch economic corridor plan worth $46 billion - Reuters April 20, 2015
      ReutersChina and Pakistan launch economic corridor plan worth $46 billionReutersChina's President Xi Jinping arrived in Pakistan to oversee the signing of agreements aimed at establishing a China-Pakistan Economic Corridor between Pakistan's southern Gwadar port on the Arabian Sea and China's western Xinjiang region. The plan ...China invests
    • Will the US say yes to a 'Made in China' car? - CNN April 20, 2015
      CNNWill the US say yes to a 'Made in China' car?CNNCEO Håkan Samuelsson said Volvo planned to sell 1,500 Chinese-made S60 Inscription sedans in 2015 and 5,000 annually in subsequent years. For many U.S. consumers, China is still more closely linked with cheap clothing and electronics than luxury ...Shanghai motor show drives home China's claim
    • China really wants a rising stock market - Fortune April 20, 2015
      FortuneChina really wants a rising stock marketFortuneThe big reserve cut in China over the weekend—a 1 percentage point reduction in banks' reserve-requirement ratio, the largest such reduction since 2008—seemed to be about pumping more lending into an economy which struggled through the first quarter ...China Stocks Drop on Record Turnover as Margin C
    • IBM Venture With China Stirs Concerns - New York Times April 20, 2015
      New York TimesIBM Venture With China Stirs ConcernsNew York TimesHONG KONG — Shen Changxiang, who once supervised the cybersecurity of China's strategic missile arsenal and spearheaded computer security research for the navy, has warned of the perils of his country's reliance on American technology.and more »